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Friday, 31 July 2015

EU Report: Monitoring Agri-trade Policy' (July 2015)

The EU’s "MAP - Monitoring Agri-trade Policy" series provides in-depth analyses of relevant agricultural trade and agri-trade policy issues. EU agri-food exporters in 2014 maintained net surplus of €18 billion, despite the Russian import ban. 2014 trade statistics in particular indicate a growing importance of the US market for EU agri-food trade. The report notes that agri-food trade between developing countries – the so-called South-South trade’ – is growing at a higher rate than trade in developing countries. It notes that this qualitative shift in world trade patterns comes about with the demand growth being located in developing countries with high population and income growth (e.g. Africa) and growing supply by emerging countries. The report also notes that the long term perspective of EU trade conditions has been enhanced in 2014 by the WTO Bali Ministerial and through a wide range of bilateral and regional trade agreements and negotiations, including with several African countries.

Source: ec.europa.eu